This doesn't necessarily mean anything for Bitcoin btw, since it's been decorrelated from the stock market for a while, but it's an observation. Most people are probably in equities right now anyway, although I don't fancy top blasting the indices when there is a beaten down asset class to accumulate.

Looks like a clear completed 5 wave impulse on SPX, so I'm expecting a bit of correction, and with bearish top calls to get very loud.

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According to an exclusive report by Punchbowl News, bipartisan senators in the U.S. Senate have raised concerns about the "stablecoin collection" provisions in the CLARITY Act…
The article, titled "Major Breakthrough in the CLARITY Act! US Senate Reaches Compromise on Stablecoin Yields, Coinbase Praises: Safeguarding Core Interests," was originally published on BlockTempo, the most influential blockchain ABMedia media.

Major breakthrough in the Clarity Act! The US Senate reaches a compromise on "stablecoin yields," Coinbase praises: upholding core interests.

The US CLARITY Act, which aims to provide the US crypto industry with more regulatory clarity, could now move closer to becoming law after new stablecoin yield provisions were published, according to ...

CLARITY Act stablecoin yield rules finalised: ‘Go time’ for crypto bill

[Chairman Tim Scott Aims for CLARITY Act Meeting in May - Bitcoin News - Latest Coin News Updates 24/7 2026] US Senate Banking Committee Chairman Tim Scott said he hopes the CLARITY Act bill...